Stpi

STPI focuses on tech startups, GCCs; 10 new parks in smaller cities soon

The new parks are expected to provide more than just office spaces; they will be equipped with high-performance computing infrastructure, including cloud and GPU services

'IT services export from STPI register unit crossed Rs 9 trillion in FY24'

IT services exports from STPI-registered units have crossed Rs 9 lakh crore in the 2024 financial year, a senior official said on Wednesday. While speaking at the 33rd Foundation Day of Software Technology Parks of India, Director General Arvind Gupta announced an initiative towards developing India's sovereign cloud journey under the brand name 'Ananta', which will be a hyperscale cloud made by Indians for Indians. Apart from the conventional Compute Infrastructure Services (IAAS), Ananta will also offer PAAS, SAAS and GPU-based services. "STPI has played a very crucial and important role for nurturing the IT industry so that it could have reached this stage. The exports from STPI registered units have also reached Rs 9.19 lakh crore," Gupta said. The STPI registered units in the first year of its establishment in 1991 reported exports of Rs 17 crore. STPI at the event signed a memorandum of understanding with Sabudh Foundation for creating skill-development initiatives and nurtu

STPI starts inviting applications for LEAP programme to fund 75 startups

State-owned STPI has started inviting applications from startups under its Leap programme to fund entrepreneurs in collaboration with venture capitalists and other private investors, a senior official of the organisation said on Monday. Software Technology Parks of India (STPI) will select 75 startups under the programme this year and facilitate funding of up to Rs 1 crore in each startup in collaboration with venture capital firms and angel investors. "We have already invested Rs 25 lakh through NGIS. We have already made investment in about 100 startups from the total fund that we have. Through Leap we are looking to nurture the next 100 startups," STPI Director General Arvind Kumar said. He said that the Leap (Launchpad for Tech Entrepreneurs towards Accelerated growth and Pioneering Ahead) will be organised at places closer to startups in cities like Bhubaneswar, Chandigarh, Vijayawada with an idea that they should not be required to leave their city for growing their ...

MCA to soon launch centre to process all compliances for companies

These would include forms related to the increase, redemption or cancellation of share capital and debentures, return of deposits, registration of charges, and appointment of directors

STPI sets-up incubation hub to incubate 100 blockchain startups in 5 years

State-run Software Technology Parks of India has set-up an incubation facility at its Gurugram campus with a target to incubate 100 startups in five years, an official statement said on Friday. The incubation facility of Apiary Center of Entrepreneurship (CoE) at STPI-Gurugram was set up in collaboration with MeitY, STPI, Haryana government, Padup Ventures, IBM, Intel, GBA and FITT. "Apiary is one of the CoEs of STPI which is focused on Blockchain Technology. It targets to incubate an overall 100 startups in a period of five years," the statement said. The incubation facility was inaugurated by Electronics and Information Technology Secretary S Krishnan. "Meeting the young entrepreneurs was quite an enriching experience. The way these entrepreneurs have addressed real-world problems using cutting-edge technology is really commendable. "In the last three decades, the way we have used technology is the key benchmark for our country's exponential growth," Krishnan said. The CoE has

MSH aims to onboard 10,000 start-ups from 3,000 currently in next 3-4 years

MSH has launched schemes with total corpus of Rs 700 crore, intends to bring corporate and national start-up mentorship ecosystems on a single digital platform

Indian Overseas Bank, Software Technology Park of India ink MoU

'This MoU will help the bank in leveraging innovation through the financial technologies engaged under the FinBlue initiative,' the statement said

STPIs reinvent as IT/ITeS players prefer WFH, eye other emerging verticals

About 12 Centres of Excellence have been recently approved and will be launched soon

Tamil Nadu software exports at Rs 25,000 cr in last 6 months: STPI

"For achieving the target ($5 trillion) Tamil Nadu has to at least contribute $500 billion to the GDP," Tyagi said

STPI to have India's largest incubation ecosystem with 21 centres: DG

State-owned Software Technology Parks of India (STPI) expects to have the largest ecosystem of incubating new technologies in the country by setting up 21 centres of excellence

STPI to launch incubator to promote research, startups in health tech

The Lucknow-based hub will nurture 50 start-ups over 5 years

'STPI efforts paid off': IT exports zoom to Rs 4.21 trn in 2019-20

STPI Director General Omkar Rai said that it is setting up more than 21 domain-centric Centres of Excellence in a collaborative manner across India

Customs allows online clearance for moving laptops from STPI units

The Software Technology Parks of India allow for this approval online, but Customs clearance required one to physically take approval.

Country's second 'electropreneur' park to start operations by May

Delhi University houses first electropreneur park. It has been operational for over two years, incubating 22 companies with a combined market valuation of Rs 150 crore

STPI's new facility in Odisha to support IT services for hosting PSU firms

STPI is having a significant presence in Odisha. It has eight centres in the state, the highest among all states

Bhubaneswar Wi-Fi project gains momentum, to cost Rs 126 cr

About 400 km in the city will be brought under theWi-Fi zone through 5,000 access points

Odisha, STPI to sign pact for four new centres

More than 75 IT units in the state, including Infosys and Tech Mahindra, have been registered with the STPI

STPI plans data centre in Odisha to host servers of PSUs, corporates

Passive infrastructure will be taken up with a cost of Rs 30 crore.